Latest Resource Development News

Arika Resources has initiated a focused diamond drilling campaign at its Yundamindra Gold Project, aiming to deepen geological insights following promising initial results. Pending assays from recent RC drilling could further shape the project's trajectory.

Venus Metals Corporation has initiated field activities at its Bellchambers Gold Project, setting the stage for a significant drilling campaign aimed at expanding and upgrading its gold resource base.

Latitude 66 Limited is set to commence a pioneering Reverse Circulation (RC) drilling trial at its KSB North Project in Finland, aiming to unlock high-grade gold and cobalt mineralisation at the K6E and K6W Prospects. This move could significantly enhance exploration efficiency and reduce costs across the project.

Somerset Minerals Ltd has identified multiple high-priority drill targets at its Coppermine Project in Nunavut, Canada, following the reprocessing of historical geophysical data. The company is preparing for a 1,250-metre drilling and surface sampling campaign scheduled for the second quarter of 2025.

Black Cat Syndicate has restarted underground drilling at its Paulsens Gold Operation, targeting resource expansion and mine life extension with results expected from March 2025.

Riversgold Ltd is set to commence its 2025 drilling campaign at the Northern Zone gold project near Kalgoorlie, following a series of promising high-grade gold intercepts and a mining lease application.

Ora Banda Mining's latest drilling at Riverina confirms deep, high-grade gold mineralisation, extending mine life and prompting a $45 million investment to accelerate exploration and infrastructure expansion.

Equinox Resources' Managing Director Zac Komur presented a detailed update on the Alturas Antimony Project, highlighting exceptional exploration results and strategic progress in British Columbia.

Astute Metals NL has announced a significant JORC-compliant Exploration Target for its Red Mountain Lithium Project in Nevada, highlighting substantial lithium potential and outlining aggressive drilling plans for 2025.

Vanadium Resources Limited (ASX: VR8) has been reinstated to trading following a suspension linked to new funding arrangements, signaling renewed operational momentum.

Caprice Resources reports outstanding Phase 1 drilling results at its Island Gold Project, revealing thick, high-grade gold intersections that signal a promising maiden resource. The company has already commenced Phase 2 drilling to further unlock the project's potential.

Avenira Limited has ended its licensing agreement with Aleees, freeing the company to focus on a phased development of its Wonarah Phosphate Project aimed at early revenue generation in late 2025.